Plero runs the mechanics, but never holds your money. The fund is owned by your organization, held at a regulated custodian, governed by your board, and yours to keep if we ever go away.
The endowment is legally your organization’s — held under your own title. Plero administers it and never owns it, and it never sits on our balance sheet.
Assets are held at Charles Schwab & Co., Member SIPC — never commingled with other organizations, and never with Plero.
Allocation, investment policy, and distributions are approved by your board and recorded — a permanent, auditable trail. Investments are managed by SEC-registered advisors.
Because the assets are held in your name at the custodian, your fund doesn’t depend on us. If Plero ever closes, it stays exactly where it is — yours.
The specifics a finance committee should be able to confirm in writing.
SIPC protects against the loss of cash and securities held by a customer at a financially troubled brokerage firm; it does not protect against a decline in the market value of investments.
Investment advisory services are provided by a registered investment adviser. The governing documents are available to read in full.
Plero provides administrative and technology services for endowment and reserve funds and is not a bank, broker-dealer, investment adviser, law firm, or tax advisor. Investing involves risk, including possible loss of principal. Assets held in a brokerage account are not deposits, are not FDIC insured, and are not guaranteed by any bank. See our full Disclosures.
Thirty minutes with your finance committee. We’ll walk through custody, ownership, and governance on your terms.